Black Friday 2014 Ads, Sales and Deals
Menu
Top 20 Black Friday 2014 To Buy Today

Top 20 Black Friday 2014 To Buy Today

Walmart Black Friday Pre Sale launched Online

Walmart Black Friday Pre Sale launched Online

Amazon Black Friday 2014 Deals Week has launched

Amazon Black Friday 2014 Deals Week has launched

Walmart Pre-Black Friday Ad released

Walmart Pre-Black Friday Ad released

Amazon takes orders on Black Friday Samsung TV Deals

Amazon takes orders on Black Friday Samsung TV Deals

Sprint Buys Clearwire

Dec 17 2012, 6:44am CST | by , in News | Technology News

Sprint Buys Clearwire
 
 

Sprint takes full control of Clearwire.


Sprint today announced that it has entered into a definitive agreement to acquire the approximately 50 percent stake in Clearwire (NASDAQ: CLWR) it does not currently own for $2.97 per share, equating to a total payment to Clearwire shareholders, other than Sprint, of $2.2 billion. This transaction results in a total Clearwire enterprise value of approximately $10 billion, including net debt and spectrum lease obligations of $5.5 billion.

The transaction consideration represents a 128 percent premium to Clearwire's closing share price the day before the Sprint-SoftBank discussions were first confirmed in the marketplace on October 11, with Clearwire speculated to be a part of that transaction; and, a 40 percent premium to the closing price the day before receipt of Sprint’s initial $2.60 per share non-binding indication of interest on November 21.

Clearwire’s spectrum, when combined with Sprint’s, will provide Sprint with an enhanced spectrum portfolio that will strengthen its position and increase competitiveness in the U.S. wireless industry. Sprint’s Network Vision architecture should allow for better strategic alignment and the full utilization and integration of Clearwire’s complementary 2.5 GHz spectrum assets, while achieving operational efficiencies and improved service for customers as the spectrum and network is migrated to LTE standards.

Sprint CEO Dan Hesse said, “Today’s transaction marks yet another significant step in Sprint’s improved competitive position and ability to offer customers better products, more choices and better services. Sprint is uniquely positioned to maximize the value of Clearwire’s spectrum and efficiently deploy it to increase Sprint’s network capacity. We believe this transaction, particularly when leveraged with our SoftBank relationship, is further validation of our strategy and allows Sprint to control its network destiny.” 


Via Sprint.

Black Friday 2014 Deals

Amazon Black Friday Deals Week
Walmart Black Friday Deals and Ads
Best Buy Black Friday Deals and Ads
Target Black Friday Deals and Ads
Apple Black Friday Deals and Ads
Sears Black Friday Deals and Ads
Dell Black Friday Deals and Ads
NewEgg Black Friday Deals and Ads
Kmart Black Friday Deals and Ads
 

Read the Latest

Hilarious Black Friday Animal Shelter Ad offers Deal on Orange or Black Cats

Hilarious Black Friday Animal Shelter Ad offers Deal on Orange or Black Cats An Allegany County animal shelter just posted a very cool and funny Black Friday ad on Facebook.

2 hours ago, 4:04pm CST

$500 Cash Black Friday Giveaway Ends in 5 Days

$500 Cash Black Friday Giveaway Ends in 5 Days The big $5,000 Black Friday Giveaway has a winner, but I4U News has launched an new $500 cash giveaway that will have a...

2 hours ago, 3:48pm CST

$29.96 Xbox One and PS4 Games are in Lightning Amazon Black Friday Sale Now.

$29.96 Xbox One and PS4 Games are in Lightning Amazon Black Friday Sale Now. The Amazon Black Friday 2014 Sale has launched. As announced yesterday, The Amazon Black Friday 2014 Sale starts...

2 hours ago, 3:28pm CST

Monoprice Black Friday 2014 Ad revealed for Geeks

Monoprice Black Friday 2014 Ad revealed for Geeks The Monoprice Black Friday 2014 Ad is a great read for tech geeks. The ad is full of affordable tech deals.

3 hours ago, 3:13pm CST

Dell Black Friday 2014 Pre Sale Event Launched

Dell Black Friday 2014 Pre Sale Event Launched Walmart kicks of Black Friday 2014 with a Black Friday Pre Sale on select Black Friday deals.

4 hours ago, 1:56pm CST

Walmart Cyber Monday 2014 Sale starts November 29

Walmart Cyber Monday 2014 Sale starts November 29 Walmart published today the Walmart Cyber Monday 2014 Ad and released the details of the Walmart Cyber Monday 2014 Sale.

4 hours ago, 1:43pm CST

10 Facts About Top 10 #MTVStars Contenders

10 Facts About Top 10 #MTVStars Contenders The MTV Stars official website is keeping tally of the votes 24/7. The results will be revealed on December 20th at 12...

5 hours ago, 1:15pm CST

The Best iPad Black Friday 2014 Deals Started Selling

The Best iPad Black Friday 2014 Deals Started Selling Black Friday 2014 has launched. The Amazon Black Friday 2014 Sale and the Walmart Black Friday 2014 sale have begun in...

5 hours ago, 1:09pm CST

The Best Frozen Black Friday Deals Selling Today

The Best Frozen Black Friday Deals Selling Today Black Friday 2014 has launched. The Amazon Black Friday 2014 Sale and the Walmart Black Friday 2014 sale have begun in...

5 hours ago, 12:50pm CST

The Body Shop Black Friday 2014 Tote sells for $30

The Body Shop Black Friday 2014 Tote sells for $30 The Body Shop Black Friday Tote 2014 is valued at $125 this year and will sell for $30 with a purchase of $30 or more.

6 hours ago, 12:15pm CST

 LG TV Sale launched in Walmart Black Friday 2014

LG TV Sale launched in Walmart Black Friday 2014 The Walmart Pre-Black Friday 2014 sale on Friday 11/21 matches Black Friday deals of competitors or even beat their...

6 hours ago, 11:57am CST

Victoria's Secret Fashion Show 2014 Casting Video Released

Victoria's Secret Fashion Show 2014 Casting Video Released The Victoria's Secret Fashion Show 2014 takes place on December 2 and will air on CBS on December 9. The...

6 hours ago, 11:34am CST

Hunger Games Mockingjay: What the Critics Say?

Hunger Games Mockingjay: What the Critics Say? This is the first part of the final Hunger Games franchise.

7 hours ago, 10:38am CST

Lana Del Ray’s Rape Video Leaked; Marilyn Manson is Not Involved

Lana Del Ray’s Rape Video Leaked; Marilyn Manson is Not Involved Marilyn Manson has denied any involvement in the Lana Del Ray’s leaked rape video.

8 hours ago, 9:57am CST

The Amazon Black Friday 2014 TV Deals to Watch Out For

The Amazon Black Friday 2014 TV Deals to Watch Out For The Amazon Black Friday 2014 Sale has launched. As announced yesterday, The Amazon Black Friday 2014 Sale starts...

8 hours ago, 9:50am CST

$354.99 Asus D550CA-RS31is Hot Amazon Black Friday Laptop Deal

$354.99 Asus D550CA-RS31is Hot Amazon Black Friday Laptop Deal The Amazon Black Friday 2014 Sale has launched. As announced yesterday, The Amazon Black Friday 2014 Sale starts...

8 hours ago, 9:32am CST

Walmart Pre-Black Friday Sale: $489 iPad Air 2 with free $100 Gift Card

Walmart Pre-Black Friday Sale: $489 iPad Air 2 with free $100 Gift Card The Walmart Pre-Black Friday sale on Friday, November 21 is not only matching advertised Black Friday deals of...

9 hours ago, 9:06am CST

Iggy Azalea answers back Eminem's Rape Threat

Iggy Azalea answers back Eminem's Rape Threat Eminem in his new song have threatened to rape Iggy.

9 hours ago, 8:48am CST

Top 20 Black Friday 2014 To Buy Today

Top 20 Black Friday 2014 To Buy Today Black Friday 2014 has launched. The Amazon Black Friday 2014 Sale and the Walmart Black Friday 2014 sale have begun in...

9 hours ago, 8:39am CST

First Jurassic World Teaser Trailer gives a Glimpse to All Jurassic Park Movies

First Jurassic World Teaser Trailer gives a Glimpse to All Jurassic Park Movies The theatrical trailer will unveil on November 27 and movie will open in cinemas next year.

9 hours ago, 8:37am CST

Comments

blog comments powered by Disqus